AboutMuniFILINGS®

MuniFILINGS® is the largest and most
comprehensive web accessible archive of municipal bond disclosure filings,
standardized into searchable PDF files.
This industry-leading service includes the newest filings on active issues,
as well as historical records going back beyond 1990. These include final
offering statements, amendments, escrow documents, continuing disclosure
filings, financial statements and material event notices.

With a host of search options, online research can be conducted by virtually
any parameter, including type of bond, state, issuer, date, type of filing,
obligor and CUSIP. Any bond-specific search will return a list of all documents
related to the issue.

MuniFILINGS® is the most efficient way to
obtain municipal disclosure documents.

A note to individual investors who are researching bonds for their own
portfolios:

DPC DATA sources the disclosure documents from various sources including
the MSRB, issuers, and their agents. You will find complete and up-to-date
documentation for any bond, as long as the issuer has complied with its filing
requirements.

Occasionally, you will not find the scheduled secondary disclosure filings
that you may expect to find, such as financial statements or material events
in the years after the bond was first issued and before it is retired. This
means that the filing documents have not been provided to us either directly
or through the MSRB.

Secondary filings are scheduled according to covenants written in the
original offering statement. If you own or are considering owning a bond that
appears to be out of compliance with its disclosure covenants, this is a serious
issue that you should discuss with your broker or financial advisor.